Printer Friendly
The Free Library
14,557,847 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Xcorporeal to Present at Roth Capital Partners 2007 New York Conference on September 5th.


LOS ANGELES -- Xcorporeal, Inc., which recently announced a definitive merger agreement with CT Holdings Enterprises, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
: CTHE), pursuant to which Xcorporeal will emerge as the surviving entity, today announced that Winson W. Tang, MD, FACP FACP Fellow of the American College of Physicians.

FACP
abbr.
1. Fellow of the American College of Physicians

2. Fellow of the American College of Prosthodontists
, Chief Operating Officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 of the Company will be presenting at the Roth Capital Partners Roth Capital Partners, LLC, is a full service Investment Banking firm, specializing in the small and micro cap markets. Roth’s focus, according to its official website, "has been, is, and will continue to be providing the full spectrum of investment banking services,  Conference on Wednesday, September 5, 2007 at 4:30 PM Eastern Time. The conference will be held at The Westin New York at Times Square, New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
. The Company's presentation will also be webcast live and archived for future reference at www.wsw.com/webcast/roth13/xcor.

About Xcorporeal, Inc.

Xcorporeal is a development stage medical device company that has developed an innovative platform technology that may potentially replace the function of various human organs. The four products that it plans to market are an ultrafiltration ultrafiltration /ul·tra·fil·tra·tion/ (ul?trah-fil-tra´shun) filtration through a filter capable of removing very minute (ultramicroscopic) particles.

ul·tra·fil·tra·tion
n.
 device for patients with congestive heart failure congestive heart failure, inability of the heart to expel sufficient blood to keep pace with the metabolic demands of the body. In the healthy individual the heart can tolerate large increases of workload for a considerable length of time.  (CHF CHF

In currencies, this is the abbreviation for the Swiss Franc.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
), devices for home and hospital renal replacement therapy Renal replacement therapy is a term used to encompass life-supporting treatments for renal failure.

It includes:
  • hemodialysis,
  • peritoneal dialysis,
  • hemofiltration and
  • renal transplantation.
 (RRT), and the Wearable Artificial Kidney (WAK). These devices will provide patients with improved, efficient and cost effective therapy. The WAK is a revolutionary device that will enable patients with end-stage renal disease End-stage renal disease (ESRD)
Total kidney failure; chronic kidney failure is diagnosed as ESRD when kidney function falls to 5-10% of capacity.

Mentioned in: Chronic Kidney Failure

end-stage renal disease 
 to achieve a quality of life closer to that of healthy individuals. A prototype of the ultrafiltration device and the WAK has been successfully tested in human subjects. The CHF and RRT markets represent multibillion dollar opportunities for Xcorporeal and the Company plans to commercialize the CHF device in 2008.

Forward-Looking Statements

This press release contains forward-looking statements based on current management expectations. Those forward-looking statements include all statements other than those made solely with respect to historical fact. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those expressed in any forward-looking statements. These factors include, but are not limited to, (1) the occurrence of any event, change or other circumstances that could give rise to the termination of the merger agreement; (2) the outcome of any legal proceedings that may be instituted against a party and others following announcement of the merger agreement; (3) the inability to complete the proposed transaction due to the failure to obtain stockholder approval or the failure to satisfy other conditions to completion of the merger, including the receipt of stockholder approval and conditions to the parties' obligations to close, or the termination of the agreement after the merger is effected in the event CT Holdings' common stock does not trade on the Over The Counter Bulletin Board after closing; (4) risks that the proposed transaction disrupts current plans and operations and the potential difficulties in employee retention as a result of the transactions; (5) the ability to recognize the benefits of the merger transaction; (6) the amount of the costs, fees, taxes, expenses and charges related to the transactions; and (7) the matters disclosed in the "Risk Factors" sections of the most recent SEC filings by the companies and in the information statement to be filed by the companies, which are available on its website at http://www.sec.gov. Many of the factors that will determine the outcome of the subject matter of this press release are beyond the companies' ability to control or predict. The companies undertake no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Article Type:Conference news
Date:Sep 5, 2007
Words:555
Previous Article:MFA - Moody, Famiglietti & Andronico Names Rosanna DiFilippo Partner.
Next Article:DayJet Fleet Cleared for Take-Off.



Related Articles
Zap static on parts.(KEEPING UP WITH: INJECTION MOLDING)
Dual-Motor deckle for extrusion coating is automatic.(KEEPING UP WITH: Extrusion)
Robinson to wed.(WORLD BRIEFS)
Destination News - Cruising.(Ambassadors Cruise Group appoints Brian Clement)(Carnival Corp. and St. Maarten government develop two-berth cruise ship...
Company Watch - Air Berlin.(Air Berlin acquisition of Belair approved by European Commission )(Brief article)
Company Watch - Bombardier.(Bombardier Inc. to open a support office at Tokyo Haneda)(Brief article)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles